KZN needs R1.9bn to repair infrastructure damaged in floods

The KwaZulu-Natal government will need more than R1.9-billion to complete work to refurbish what the recent floods have destroyed. Premier Sihle Zikalala made the announcement during an update on the response to the floods on April 24.
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Investec launches first green bond

Banking and wealth management firm Investec has reaffirmed its commitment to funding a sustainable future by issuing its first green bond, which is backed by a number of Investec’s flagship renewable energy projects, all of which are helping to create a cleaner future for South Africa.

The bonds raised R1-billion under Investec’s Domestic Medium-Term Note bond programme, which was 3.8 times oversubscribed – revealing significant appetite among institutional investors who want to make a positive impact in terms of their environmental, social and governance (ESG) commitments.

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Documentary seeks to ignite conversation on Mpumalanga’s just transition

A new documentary, highlighting both the fears and potential of pursuing a so-called just transition in the coalfields of South Africa, has been released on YouTube. The 30-minute video includes interviews with community members, workers and businesspeople from the Steve Tshwete and Emalahleni municipalities, in Mpumalanga, whose lives and livelihoods are currently inextricably linked to coal.
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We owe the board and management of Eskom our full support, Ramaphosa asserts

“We owe the board and management of Eskom our full support as they work to turn the utility around,” President Cyril Ramaphosa writes in his weekly newsletter. Published against the backdrop of a recent bout of Stage 4 load-shedding and fresh finger-pointing over who is to blame for intensifying load-shedding, Ramaphosa insists that the crisis has its roots in events that pre-date the current Eskom leadership.
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